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Newmark Arranges $248M Refi Loan for The Iconic Biltmore Apartment Tower

PR Newswire - Fri Mar 17, 2023

NEW YORK, March 17, 2023 /PRNewswire/ -- On behalf of BentallGreenOak and Slate Property Group, Newmark has arranged a $248 million refinancing of The Biltmore, a 464-unit luxury apartment building complemented by 47,397 square feet of commercial space located in New York City's dynamic Midtown West submarket. The Newmark team was led by Co-Heads of Newmark Debt & Structured Finance Jordan Roeschlaub and Dustin Stolly, along with Senior Managing Directors Nick Scribani and Chris Kramer. Square Mile Capital and Clarion Partners provided the loan.

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Provided Content: Content provided by PR Newswire. The Globe and Mail was not involved, and material was not reviewed prior to publication.

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